The Ritz and June Naygrow Foundation

Private foundation · Grantmaker Sacramento, CA EIN: 68-0220303

The Ritz and June Naygrow Foundation is a private foundation, based in Sacramento, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $638K in total assets. In 2024, it awarded 3 grants totaling $15K. Net investment income was $30K.

Key facts about The Ritz and June Naygrow Foundation

In short: The Ritz and June Naygrow Foundation gave $15K across 3 grants in 2024 (avg $5K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
68-0220303
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$15,000
Grants made (2024)
3
Average grant
$5,000
Median grant
$5,000
Total assets
$637,790
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$638K

-3.5% YoY

Annual Giving

$15K

-53.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$5K

-53.1% YoY

Under IRS private-foundation payout rules, The Ritz and June Naygrow Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

How The Ritz and June Naygrow Foundation gives

  • Giving fell 62% from 2021 to 2024. Method
  • In 2024 it paid out 50% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

SacramentoRancho CordovaFair Oaks

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 1 grant2021 3 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $15K (2020) to $126K (2022). In 2024 it made 3 grants totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Sacramento Children's Home: $5KSacramento Children's Home$5KSacramento Historical Society: $5KSacramento Historical Society$5KSacramento Choral Society & Orchestra: $5KSacramento Choral Society &Orchestra$5K

The largest 2024 recipient was Sacramento Children's Home ($5K). Together the top 3 received $15K.

Grant Size Distribution

11 grants across all recorded years

10<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 11 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sacramento Children's Home Sacramento, CAMaximize the Potential of Children and Families$5,000
Sacramento Historical Society Sacramento, CACelebrate and Elevate Sacramento's International History$5,000
Sacramento Choral Society & Orchestra Fair Oaks, CATransform Communities Through Power of Music$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$637,790$660,681$663,290
Revenue$-5,553$30,454$37,948
Expenses$17,338$33,063$126,188
Qualifying Distributions$15,000$32,000$126,095
Net Investment Income$30,117$30,454$37,948
Distributable Amount$30,287$27,866$36,039

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Ritz and June Naygrow Foundation is led by Thomas J. Naygrow, CEO & Director since 2024 (on filings since 2023); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Thomas J. Naygrow

    CEO & Director

    CEO, CFO, Secretary & Director → CEO & Director, 2024

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Joseph M. Sullivan

    CFO, Secretary & Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Ritz A. Naygrow (2020–2023) — President & Director · Filing note: Deceased
  • Former: Tom Naygrow (2020–2022) — Treasurer, Secretary & D

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Ritz and June Naygrow Foundation

How much does The Ritz and June Naygrow Foundation give each year?

The Ritz and June Naygrow Foundation gave $15K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $32K across 3 grants.

What is The Ritz and June Naygrow Foundation's typical grant size?

The Ritz and June Naygrow Foundation's median grant in 2024 was $5,000, and its average grant was $5,000, across 3 grants on its 2024 IRS Form 990-PF.

Where does The Ritz and June Naygrow Foundation give grants?

The Ritz and June Naygrow Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sacramento, CA (2 grants).

Does The Ritz and June Naygrow Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on The Ritz and June Naygrow Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is The Ritz and June Naygrow Foundation?

The Ritz and June Naygrow Foundation reported $638K in total assets on its 2024 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Ritz and June Naygrow Foundation's EIN?

The Ritz and June Naygrow Foundation's EIN (Employer Identification Number) is 68-0220303. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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